Year 2016 was a good year for a mutual fund investor

Net flows into mutual funds domiciled in Finland were worth over 3.9 billion euros in 2016. Moreover the favorable market movements increased the total asset under management circa 5.1 billion euros. At the end of the year 2016 the total asset under management in mutual fund domiciled in Finland reached their all-time high of 106.5 billion euros.

In December the net flows of all mutual fund classes were positive. The fund class with the highest net subscriptions amount was equity funds with net subscriptions worth 247 million euros. Alternative funds received 107 million euros, asset allocation funds 91 million euros, short-term bond funds 77 million euros and long-term bond funds 72 million euros.

From a mutual fund investor’s perspective the year 2016 was quite eventful. At the beginning of the year the monthly subscriptions and redemptions amounts varied a lot. However, from July till the end of the year the total net subscriptions were positive in each month.